Lower interest rates as the Bangko Sentral ng Pilipinas (BSP) eases monetary policy would aid consumers battered by slowing economic growth across Asia-Pacific, according to the think tank Oxford Economics. The BSP's rate cuts "will help household balance sheets, especially as debt levels rose over...
Filipinos emerged as least interested in a hybrid or electric vehicle (EVs) among its Southeast Asian peers due to the lack of charging facilities, according to a study. Based on Deloitte’s 2023 Global Automotive Consumer Study, which focuses on consumer engine type preference for their next...
Filipinos can now shop more intentionally for sustainable and locally-sourced products through the SM Green Finds. It’s a program designed to make green living easier and more accessible. “Retailers have an important role to play in positively influencing and impacting consumer behavior. SM...
Uncertainties caused by COVID-19 have driven more Filipinos to save extra, but they do it without careful planning, a survey commissioned by Hong Kong-based AIA Group Limited revealed on Tuesday, July 20. Based on AIA’s Save Smarter Study 2021, the survey showed that fear and insecurity arising...
Majority or 75 percent of Filipino consumers prefer sustainable and eco-friendly brands, a new consumer insight survey showed. In the Who Cares, Who Does by Kantar, the world’s leading data, insights, and consulting group, the report revealed that Filipino consumers are making significant...